BOT 5.26% 36.0¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-9523

  1. 1,849 Posts.
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    It wasn't 'pumped' from 4c to 28c either. It was around 4c when the successful Ph1 for Acne completed. From there, it gradually grew over 2 years in anticipation of excellent Ph2 results. Immediately before the Ph2 results it peaked at about 28c, but it took 2 years to get there from 4c - hardly a 'pump'. Then when Ph2 came out with mixed results (Australia - brilliant, America - terrible) the SP plummeted. SP growth on expectations is nothing like a 'pump and dump' scenario. I think you need to revise your definition of 'pump'.
    Last edited by Grainofsand: Today, 13:54
 
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